The Cointelegraph Press Review

Cointelegraph.com News

• Stablecoin giant Tether makes $1B bid to buy Juventus FC
  Tether says it will buy the controlling stake Exor has in Juventus, along with all remaining shares, an offer Exor has reportedly rebuffed. Crypto stablecoin issuer Tether says it has launched a bid to fully acquire the Italian professional soccer club, Juventus Football Club, which has reportedly already been shot down.Tether said on Friday that […]
• Tokenization benefits ‘light at first,’ but will expand if democratized: NYDIG
  Regulations must evolve for tokenized real-world assets to be better integrated with DeFi, so their immediate benefit won’t be significant, says NYDIG’s Greg Cipolaro. The tokenization of stocks won’t immediately be of immense benefit to the crypto market, but the benefits could increase if such assets are allowed to better integrate on blockchains, says NYDIG.“The […]
• SOL struggles as Solana TVL slides and memecoin demand fades
  SOL demand cools as its total value locked drops by $10 billion and memecoin trading slumps. Traders’ lack of appetite for long leverage could further complicate the situation. Key takeaways:SOL funding rates signal low bullish conviction after a 46% price drop, despite Firedancer’s launch and rising Solana network transactions.Solana DApp revenues and DEX activity have […]
• Senior Vanguard analyst says Bitcoin is no better than a plush toy
  The comments followed the asset management company’s policy change allowing its clients to trade crypto exchange-traded funds. Bitcoin is a purely speculative asset and is akin to a collectible toy, according to John Ameriks, the global head of quantitative equity at asset management company Vanguard.“It’s difficult for me to think about Bitcoin as anything more […]
• Here’s what happened in crypto today
  Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto: A US banking regulator approved several bank charter applications from digital asset companies, including Ripple, Circle and BitGo. Meanwhile, Phantom Wallet partnered with Kalshi […]
• Bitnomial gains CFTC approval to launch prediction markets in the US
  The US regulator's green light lets Bitnomial’s clearinghouse support prediction markets linked to crypto and economic events, expanding its regulated product and clearing offerings. Bitnomial Clearinghouse LLC received approval from the US Commodity Futures Trading Commission (CFTC) to clear fully collateralized swaps, enabling its parent company, Bitnomial, to launch prediction markets and offer clearing services […]
• Bitcoin miners turn to renewable energy amid profit margin squeeze
  Bitcoin mining hash price, a critical metric for determining profit margins in the industry, is hovering near record lows. Bitcoin mining companies are turning to renewable energy to reduce costs amid record-low hash price, a critical metric for miner profitability, which is below the $40 level that marks the breakeven point for mining operators.Hash price, […]